Emerging markets offer promise

Where are the new or expanding markets for hedge fund legal services? Will law firms need a global presence or will they be able to offer only local or regional services to hedge fund clients in future?

hfr-1009-cover-legal-round-table-supplement

“EU onshore centres will grow in importance as a result of the alternative investment fund managers directive,” says Simon Firth at Kaye Scholer. He also believes Asia and South America will increasingly provide new managers.

At Aequitas Legal in Malta, Omar Zerafa thinks if regulators can come up with a “robust yet flexible regime regulating funds, there will be an expanding market in the EU”.

At A&L Goodbody in Dublin, Brian McDermott and Siobhán Moloney believe the market for Ucits funds

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